Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Panama - 2023

Contents:

  1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Panama (FOB) - 2022
  2. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Panama (CIF) - 2022
  3. Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Panama
  4. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Panama

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Panama (FOB) - 2022

In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $5,995 per ton, reducing by -17.2% against the previous year. In general, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 296% against the previous year. As a result, the export price attained the peak level of $28,532 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($6,494 per ton), while the average price for exports to Guatemala totaled $787 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (-7.9%).

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Panama (CIF) - 2022

In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $11,359 per ton, which is down by -30.6% against the previous year. Over the period under review, the import price showed a mild slump. The growth pace was the most rapid in 2019 an increase of 38% against the previous year. As a result, import price attained the peak level of $18,071 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($53,255 per ton), while the price for China ($3,999 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+27.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Panama

In 2022, the amount of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses exported from Panama skyrocketed to 406 kg, jumping by 15% compared with 2021. Overall, exports, however, saw a sharp contraction. The pace of growth appeared the most rapid in 2020 with an increase of 1,835%. As a result, the exports attained the peak of 16 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses fell modestly to $2.4K in 2022. Over the period under review, exports, however, continue to indicate a sharp slump. The growth pace was the most rapid in 2020 with an increase of 7,563%. As a result, the exports attained the peak of $450K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica5.81142.52.4-25.5%
Guatemala0.11.8N/AN/A1700.0%
OthersN/A334N/AN/A0%
Total5.94502.52.4-25.9%

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols from Panama in 2022:

  1. Costa Rica (371.0 kg)
  2. Guatemala (36.0 kg)

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Panama

In 2022, after two years of decline, there was significant growth in overseas purchases of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses, when their volume increased by 123% to 156 kg. In general, imports, however, saw a sharp shrinkage.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses soared to $1.8K in 2022. Overall, imports, however, recorded a sharp downturn.

Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Panama (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6971,9031947673.2%
China4,382358200525-50.7%
United States18113372548038.4%
Others4,790N/A31.0N/A-92.0%
Total10,0502,3941,1501,772-43.9%

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to Panama in 2022:

  1. China (131.0 kg)
  2. Germany (14.0 kg)
  3. United States (10.0 kg)

Source: IndexBox Market Intelligence Platform

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